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IIFL Finance NCD September 2021 Detail
Issue Open Sep 27, 2021
Issue Close Oct 8, 2021
Issue Size (Base) ₹100.00 Crores
Issue Size (Shelf) ₹900.00 Crores
Issue Price ₹1000 per NCD
Listing At BSE, NSE

IIFL Finance NCD September 2021 Date & Price

The IIFL Finance NCD September 2021 issue opens on Sep 27, 2021, and closes on Oct 8, 2021, for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.

IIFL Finance Limited NCD IPO dates are as below:

IIFL Finance NCD September 2021 Issue Timetable

Bid/Offer Opens OnSep 27, 2021
Bid/Offer Closes OnOct 8, 2021
Record Date
Deemed Date of Allotment

Sorry, IIFL Finance NCD September 2021 DRHP PDF Document is not available at this time.

IIFL Finance NCD September 2021 Red Herring Prospectus (RHP) PDF

IIFL Finance NCD September 2021 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

The frequency of payment for IIFL Finance NCD September 2021 is Annual, Cumulative.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

IIFL Finance NCD September 2021 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until Oct 8, 2021. The bid may close earlier in case it is fully subscribed.

IIFL Finance NCD Coupon Rates

Series Series I Series II Series III Series IV Series V Series VI Series VII
Frequency of Interest Payment Annual Cumulative Annual Cumulative Monthly Annual Cumulative
Nature Secured Secured Secured Secured Secured Secured Secured
Tenor (Months) 24 24 36 36 60 60 60
Coupon Rate 8.25% NA 8.50% NA 8.42% 8.75% NA
Effective Yield (% per Annum) 8.25% 8.25% 8.49% 8.50% 8.75% 8.75% 8.75%
Amount on Maturity Rs 1000 Rs 1,171.80 Rs 1,000 Rs 1,277.60 Rs 1,000 Rs 1,000 Rs 1,521.41

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 24, 36 and 60 Months.

IIFL Finance NCD September 2021 Issue Size and Subscription Status

The IIFL Finance NCD September 2021 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹100.00 Crores
  • NCD Shelf Issue Size: ₹900.00 Crores

Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.

Sorry, The number of shares offered in IIFL Finance NCD September 2021 is not available at this time. Please revisit us for latest updates.

No, NRI's are not eligible to apply in this Issue.

You could check IIFL Finance Limited NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

IIFL Finance NCD September 2021 Allotment and Listing

The NCD's are proposed to be listed on BSE, NSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

The IIFL Finance Limited Allotment Status is not available online at this time.

The IIFL Finance Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price IIFL Finance NCD September 2021 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

IIFL Finance Limited NCD - Should I apply?

The NCDs have been rated CRISIL AA/Stable by CRISIL Limited BWR AA+/ Negative by Brickworks Ratings India Private Limited.

Sorry, we do not provide NCD recommendations. But we share a lot of information about IIFL Finance NCD September 2021 which could help you with questions like IIFL Finance NCD September 2021 buy or not? You should also read IIFL Finance NCD September 2021 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

IIFL Finance Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.

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